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The Zacks Analyst Blog Highlights McDonald's, Deere, Marsh & McLennan, Uber Technologies and Colgate-Palmolive

For Immediate Release

Chicago, IL – May 5, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: McDonald's Corporation MCD, Deere & Company DE, Marsh & McLennan Companies, Inc. MMC, Uber Technologies, Inc. UBER and Colgate-Palmolive Co. CL.

Here are highlights from Thursday’s Analyst Blog:

Top Stock Reports for McDonald's, Deere and Marsh & McLennan

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including McDonald's Corporation, Deere & Company and Marsh & McLennan Companies, Inc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Shares of McDonald's have performed in-line with the Zacks Restaurants Industry in the year-to-date period (+12% vs. +12.5%), but have outperformed the S&P 500 index (+7.1%). The company’s top and the bottom line increased on a year-over-year basis in the March-quarter report on April 25th. The upside was fueled by strong comps performance, digital initiatives, marketing campaigns and loyalty programs.

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McDonald’s is increasing its focus on menu innovation, as it believes that the strengthening of the core menu and solid marketing are likely to pave the way for additional growth in the upcoming periods.

The company is also undertaking efforts to drive growth in international markets. Robust digitalization is likely to help the company support long-term growth. Earnings estimates for 2023 have increased in the past 30 days.

(You can read the full research report on McDonald’s here >>>)

Deere shares have outperformed the Zacks Manufacturing - Farm Equipment industry over the past year (+1.0% vs. +0.2%). The company is witnessing solid growth in order levels, which is expected to aid its top-line performance in the forthcoming quarters. Strong replacement demand will also continue to boost the company's results.

Demand for its construction equipment will likely benefit from anticipated growth in infrastructure investments in the United States. Improved prices will help negate the impact of high material and labor costs on the company's margins. The earnings estimates for the company for the ongoing quarter and fiscal year have undergone positive revisions lately.

Product launches equipped with the latest technology to make farming automated will continue to provide Deere with an edge over its competitors. The company is poised to benefit in the long run from rapid growth in global population as well as the rising worldwide infrastructure needs.

(You can read the full research report on Deere here >>>)

Shares of Marsh & McLennan have outperformed the Zacks Insurance - Brokerage industry over the past six months (+10.7% vs. +7.7%). The company is well-poised to grow on the back of acquisitions made within its operating units, the launch of new products and branching out into new businesses. Its increased stake in Marsh India will further buoy growth.

Revenues have been increasing thanks to a wide geographic presence and strong client retention. The Zacks analyst expects the top line to grow 4.6% year over year in 2023. The Risk and Insurance Services unit has been contributing to revenue growth for a while. MMC had around $4 billion left under authorization as of Mar 31, 2023.

However, high operating costs might weigh on the margins. A debt-laden balance sheet is a concern. Its valuation remains stretched at the current level. As such, the stock warrants a cautious stance.

(You can read the full research report on Marsh & McLennan here >>>)

Other noteworthy reports we are featuring today include Uber Technologies, Inc. and Colgate-Palmolive Co.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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McDonald's Corporation (MCD) : Free Stock Analysis Report

Deere & Company (DE) : Free Stock Analysis Report

Colgate-Palmolive Company (CL) : Free Stock Analysis Report

Marsh & McLennan Companies, Inc. (MMC) : Free Stock Analysis Report

Uber Technologies, Inc. (UBER) : Free Stock Analysis Report

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Zacks Investment Research